No one wants to think about death, but a will can help with the complications regarding distributing someone’s assets and handling their possessions. A well-written will can ease confusion and clearly state the intentions of the deceased. Holland Law is here to help you understand the nuances of writing a clear and concise will in order to properly prepare for the future. We service Flagstaff, Prescott, and Prescott Valley with understanding the will process, helping you establish a will, and carrying out the wishes within a will.
Types of Wills
There are several different types of wills that may suit your needs and the type of assets you possess. Types of wills can include:
- Simple wills, for those with straightforward assets
- Testamentary trust will, which will set up one or more trusts to distribute all or parts of the estate into at the time of death
- Holographic will, which is handwritten by the testator
- Joint wills between two people, typically a married couple
In Arizona your will must be signed by the testator, or the person making the will, in addition to two witnesses in order to be legally binding. In some cases, people may also opt to have their will notarized.
What a Will Can Do for You and Your Family
In short, your will can be as brief or as complex as you want it to be. Most commonly, a will outlines who will inherit your property, assets, savings, and other possessions. In addition, it should outline a guardian for any minor children you have and the assets they are to inherit. People who are involved with a charity or other organization may also leave a portion of their assets to the groups they are closely involved with. In addition to designating heirs to your estate, a will can also be used to outline your final wishes. Your will is the ideal place to outline any specific requests about your funeral or how you’d like to be buried.
Executing Your Will
It is common to consult a lawyer regarding your will to make sure you have addressed all necessary assets and that your wishes are clearly stated without loopholes or other confusing situations. Particularly individuals with complex estates or those who suspect their will could be contested should consult a lawyer.
It is common to name a person who will make sure your will is carried out as outlined. This person, called an executor, should be a well-known and trusted individual who can execute your wishes exactly as outlined after your death. Although this person can also be a witness, they ultimately carry a much bigger responsibility after your passing.
Contact Holland Law to Assist with Your Will Process Today
Some people are intimidated by the process of writing a will and think it means death is imminent. However, in Arizona you can start outlining your will as early as 18 to simply give you and your loved ones the peace of mind that your final wishes are outlined. Holland Law is here to help you make sure your children are cared for and your assets are distributed however you see fit. Give us a call today to get started with your will.